The post Big News: Trump Announces 25% Auto Tariffs on Imported Cars appeared first on Coinpedia Fintech News
According to a latest Bloomberg report, President Trump announced a 25% tariff on all non-U.S. manufactured cars, effective April 3, which aims to boost U.S. manufacturing. Cars built in the U.S. will be exempt, and automotive parts complying with the U.S.-Mexico-Canada Agreement (USMCA) will also be exempt. “What we’re going to be doing is a …